Description

BSE announces the listing and admission to trading of new privately placed debt securities (non-convertible debentures) issued by Keertana Finserv Limited with effect from October 14, 2025.

Summary

BSE has listed new debt securities (non-convertible debentures) of Keertana Finserv Limited issued on a private placement basis. The securities are admitted to trading on the BSE Debt segment with effect from October 14, 2025. The issue consists of 100,000 debentures with a face value of Rs. 10,000 each, carrying an interest rate of 11.10% per annum with monthly interest payments.

Key Points

  • Issuer: Keertana Finserv Limited
  • Quantity: 100,000 debentures
  • Face Value: Rs. 10,000 per debenture
  • Issue Price: Rs. 9,973
  • Scrip Code: 977044
  • Scrip ID: 111KFL27
  • ISIN: INE0NES07261 (further listings under same ISIN)
  • Credit Rating: IND BBB+/Stable
  • Interest Rate: 11.10% per annum (monthly payments)
  • Date of Allotment: October 10, 2025
  • Maturity Date: August 19, 2027
  • Interest Payment Period: September 19, 2025 to August 19, 2027
  • Market Lot: 1
  • Tick Size: 1 paise
  • Put/Call Option: Not applicable

Regulatory Changes

No regulatory changes announced. This is a standard listing notification.

Compliance Requirements

  • Trading members are informed that these securities will be traded only in dematerialized form under the specified ISIN
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact the BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 10, 2025
  • Listing Date: October 14, 2025
  • Interest Payment Start: September 19, 2025
  • Redemption Date: August 19, 2027

Impact Assessment

This is a routine debt listing notification with minimal market impact. The listing adds to the debt securities available for trading on BSE’s debt segment. The securities are privately placed and therefore have limited investor base. The BBB+ credit rating indicates moderate credit quality with stable outlook. No impact on equity markets or broader market operations.

Impact Justification

Routine listing of privately placed debt securities with no broader market impact